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2451 State Highway 195

David Weekley Homes Acquires 165 Lots In Georgetown From Donald Loeb And Pete Dwyer
SOLDLand

David Weekley Homes Acquires 165 Lots In Georgetown From Donald Loeb And Pete Dwyer

2451 State Highway 195

Building Size

Asset Type

Land

Closing

Jan 30, 2026

AI

The asset involved in this transaction is a parcel of land located at 2451 TX-195 in Georgetown, Texas. This property is part of a larger development, specifically a 314-acre master-planned community, and is linked to the sale of 165 single-family lots in the Berry Creek Highlands area. The date of the transaction is January 30, 2026.

Summary of transaction details:

The transaction highlights the ongoing investment by national homebuilders in the Austin-area's single-family development market, despite recent market slowdowns. Avison Young facilitated this specific sale, marking a significant step in the development of the Georgetown community.

Players

Sullivan Johnston

Avison Young

Broker

3 deals

Broker
Donald Loeb

Donald Loeb

Seller

1 deal

Seller

Georgetown Land Market Snapshot

Boundary boundary · Land · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93